GESCO SE · ISIN: DE000A1K0201 · EQS - adhoc news

Doerrenberg sells business units foundry and steelworks

The subsidiary Doerrenberg Edelstahl GmbH has successfully sold its two business units “Foundry” and “Steelworks” to Callista Private Equity GmbH. The corresponding contract was signed today and the takeover will take effect on January 1, 2025. It was agreed not to disclose the purchase price. In the current financial year, the two divisions are expected to generate sales of €19 million (previous year: €28 million). This decline in sales is due to the challenging economic market environment and...

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In this overview you can view company news in the chronological order of publication. The source information comes from EQS News, the leading European news distributor. The most recent news item is listed first.
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18 December 2024 05:31PM
Doerrenberg sells business units foundry and steelworks
The subsidiary Doerrenberg Edelstahl GmbH has successfully sold its two business units “Foundry” and “Steelworks” to Callista Private Equity GmbH. The corresponding contract was signed today and the takeover will take effect on January 1, 2025. It was agreed not to disclose the purchase price. In the current financial year, the two divisions are e...
GESCO SE
16 December 2024 02:30PM
GESCO SE sells AstroPlast Kunststofftechnik
Contract for sale of AstroPlast Kunststofftechnik GmbH & Co. KG signed Management buy-out by managing director GESCO optimizes portfolio as announced GESCO SE will sell 100% of its shares in AstroPlast Kunststofftechnik to the managing director Dennis Gattermann. Mr. Gattermann has been with the company since 2022 as an investment manager and...
GESCO SE
12 November 2024 07:30AM
GESCO SE reports on the results for the first three quarters of 2024
Weak demand continues to impact sales and earnings Book-to-bill ratio of 1.05 Working capital reduced as planned Prime Standard-listed GESCO SE, an industrial group of medium-sized market and technology leaders, today published its 9-months statement 2024. Incoming orders totalled € 400.6 million in the reporting period, down 4.0 % on the previo...
GESCO SE
13 August 2024 07:30AM
GESCO SE publishes half-year report 2024
Subdued demand leads to decline in sales and earnings No recovery in demand expected in the second half of the year Increase in earnings expected in the second half of the year due to projects Prime Standard-listed GESCO SE, an industrial group of medium-sized market and technology leaders, published its half-year report 2024 today. The economic...
GESCO SE
30 July 2024 03:36PM
Preliminary figures for H1/2024 and revised forecast for financial year 2024
According to preliminary and unaudited figures, Group sales in the first half of 2024 amounted to around EUR 252.8 million (H1/2023: EUR 292.1 million). In the first six months, the Group generated a consolidated EBIT of around EUR 6.6 million (H1/2023: EUR 22.8 million) and a consolidated net profit after minority interests of EUR 2.0 million (H1/...
GESCO SE
30 May 2024 12:56PM
Proposed resolutions adopted by a large majority
Yesterday's Annual General Meeting of GESCO SE was well attended by shareholders. A total of around 47.4 % of the voting share capital was represented. The Annual General Meeting discharged the members of the Executive Board and Supervisory Board, approved the appointment of the auditor of the annual and consolidated financial statements and the d...
GESCO SE
10 May 2024 07:30AM
GESCO SE publishes 3-month report 2024
Cautious start to 2024 as expected Slight upturn in incoming orders Forecast for the 2024 financial year confirmed Prime Standard-listed GESCO SE, an industrial group of medium-sized market and technology leaders, today published its 3-month report 2024. The current development of business figures is characterised by the recessionary trends in G...
GESCO SE
10 May 2024 07:30AM
GESCO SE publishes 3-month report 2024
Cautious start to 2024 as expected Slight upturn in incoming orders Forecast for the 2024 financial year confirmed Prime Standard-listed GESCO SE, an industrial group of medium-sized market and technology leaders, today published its 3-month report 2024. The current development of business figures is characterised by the recessionary trends in G...
GESCO SE
08 May 2024 11:05AM
GESCO SE announces result of the share buyback programme
GESCO SE, which is listed in the Prime Standard, has completed its share buyback programme announced on 28 March 2024. In the course of the voluntary public share buyback offer, the Company was offered a total of 526,647 GESCO shares at a purchase price of EUR 17.80 per share. The buyback offer was limited to 500,000 shares. This results in a repar...
GESCO SE
11 April 2024 07:30AM
Publication of consolidated financial statements & outlook for 2024
Positive outlook for 2024:    - Sales: € 570 - 590 million (2023: € 561 million)    - Group net earnings (after minority interest) of € 26 - 28 million (2023: € 20.9 million) Share buyback programme launched Prime Standard-listed GESCO SE, an industrial group of medium-sized market and technology leaders, published its 2023 Annual Report today, ...
GESCO SE
08 April 2024 04:00PM
Johannes Pfeffer appointed new CEO
The Supervisory Board of GESCO SE announced today that Johannes Pfeffer will succeed CEO Ralph Rumberg, who will leave the Company on 30 June 2024. Pfeffer, who holds a Dipl.-Phys. & MBA, is expected to assume his new role on 1 October 2024. Stefan Heimöller, Chairman of the Supervisory Board of GESCO SE, commented: "The Supervisory Board agre...
GESCO SE
28 March 2024 05:32PM
GESCO SE submits public share buyback offer
The Executive Board of GESCO SE resolved today, with the approval of the Supervisory Board, to buy back up to 500,000 no-par value registered shares of the Company ("GESCO Shares") at a purchase price per GESCO Share of EUR 17.80 (the "Offer Price") by way of a voluntary public share buyback offer ("Public Buyback Offer"). The Public Buyback Offer ...
GESCO SE
20 March 2024 03:53PM
GESCO SE publishes dividend proposal
Group sales and earnings meet forecast Management proposes dividend of € 0.40 According to preliminary figures, the subsidiaries of Prime Standard-listed GESCO SE performed well operationally in financial year 2023 in a challenging macroeconomic environment. The forecast updated in Novemberr 2023 was met with Group sales of € 560.7 million (foreca...
GESCO SE
08 December 2023 01:54PM
GESCO SE announces change in the Executive Board
The Supervisory Board of GESCO SE today reached a mutual agreement with the Company's CEO Ralph Rumberg to hand over the CEO role to new hands after 30 June 2024.We will inform you promptly about the new appointment to the position. End of Inside InformationInformation and Explanation of the Issuer to this announcement:Mr Rumberg was appointed to ...
GESCO SE
10 November 2023 07:30AM
GESCO SE publishes 9-month report 2023
Weak economy puts pressure on business activity Decline in demand and project postponements impact incoming orders Solid yield level overall Prime Standard-listed GESCO SE (ISIN DE000A1K0201), an industrial group of medium-sized market and technology leaders, today published its 9-month report 2023. The weak economic situation in Germany has inc...
GESCO SE
03 November 2023 06:12PM
Preliminary figures for Q3 2023 and change in forecast for financial year 2023
According to preliminary and unaudited figures, Group sales in Q3 2023 amounted to around EUR 138.6 million (Q3 2022: EUR 144.1 million), resulting in preliminary Group sales of around EUR 430.7 million in the first nine months of 2023 (9M 2022: EUR 435.4 million). Operating Group EBIT in the third quarter of 2023 totalled around EUR 8.3 million (Q...
GESCO SE
11 August 2023 07:30AM
GESCO Group performs well in the first half of 2023 
Solid first half year Incoming orders below previous year's level International expansion progresses Sales and Group earnings confirmed at the lower end   Prime Standard-listed GESCO SE, an industrial group of medium-sized market- and technology-leading companies, today published its half-year report 2023. In view of the gloomy business environ...
GESCO SE
13 June 2023 05:33PM
GESCO SE: Change in the chairmanship of the Supervisory Board
Klaus Möllerfriedrich, Chairman of the Supervisory Board of GESCO SE, announced at yesterday's Annual General Meeting that he would be handing over the chairmanship of the Company's Supervisory Board to new hands following the Annual General Meeting. However, he will remain a regular member of the Supervisory Board. The new Chairman of the Supervi...
GESCO SE
13 June 2023 05:33PM
Change in the chairmanship of the Supervisory Board
Klaus Möllerfriedrich, Chairman of the Supervisory Board of GESCO SE, announced at yesterday's Annual General Meeting that he would be handing over the chairmanship of the Company's Supervisory Board to new hands following the Annual General Meeting. However, he will remain a regular member of the Supervisory Board. The new Chairman of the Supervi...
GESCO SE
13 June 2023 01:47PM
Proposed resolutions adopted with a large majority
Yesterday's Annual General Meeting of GESCO SE was very well received by the shareholders. A total of approximately 50.4 % of the voting share capital was represented. The Annual General Meeting discharged the members of the Executive Board and the Supervisory Board, approved the election of the auditor for the financial statements and the consoli...
GESCO SE
13 June 2023 01:47PM
GESCO Annual General Meeting 2023: Proposed resolutions adopted with a large majority
Yesterday's Annual General Meeting of GESCO SE was very well received by the shareholders. A total of approximately 50.4 % of the voting share capital was represented. The Annual General Meeting discharged the members of the Executive Board and the Supervisory Board, approved the election of the auditor for the financial statements and the consoli...
GESCO SE
22 May 2023 07:30AM
Subsidiary Dörrenberg expands its US presence
The subsidiary Dörrenberg Edelstahl GmbH, the world's leading supplier of tool steel, has made an important acquisition in the USA as part of GESCO Group's M&A strategy: Tremblay Tool Steels, LLC, based in Macedonia, Ohio (approx. 40 km south of Cleveland), is a supplier of special steel for various industries. Tremblay has been Dörrenberg's s...
GESCO SE
22 May 2023 07:30AM
GESCO SE: Subsidiary Dörrenberg expands its US presence
The subsidiary Dörrenberg Edelstahl GmbH, the world's leading supplier of tool steel, has made an important acquisition in the USA as part of GESCO Group's M&A strategy: Tremblay Tool Steels, LLC, based in Macedonia, Ohio (approx. 40 km south of Cleveland), is a supplier of special steel for various industries. Tremblay has been Dörrenberg's s...
GESCO SE
12 May 2023 07:30AM
GESCO SE: Successful start to the new business year
Incoming orders continue to exceed sales Solid quarter-on-quarter increase in sales Group earnings at a good level With the publication of its quarterly statement for the first quarter of 2023, GESCO SE, an industrial group of medium-sized market and technology leaders listed in the Prime Standard, confirms the preliminary figures and the outlook...
GESCO SE
12 May 2023 07:30AM
Successful start to the new business year
Incoming orders continue to exceed sales Solid quarter-on-quarter increase in sales Group earnings at a good level With the publication of its quarterly statement for the first quarter of 2023, GESCO SE, an industrial group of medium-sized market and technology leaders listed in the Prime Standard, confirms the preliminary figures and the outlook...
GESCO SE
18 April 2023 07:30AM
Growth course continues
Preliminary business figures 2022 confirmed Earnings per share increased to € 3.12 (previous year € 2.48) Preliminary business figures Q1/2023 show further sales growth Outlook 2023: Sales: € 600 - 620 million (2022: € 582 million) Group earnings (after minority interests) of € 32.0 - 34.0 million (2022: € 33.8 million) Prime Standard-liste...
GESCO SE
18 April 2023 07:30AM
GESCO SE: Growth course continues
Preliminary business figures 2022 confirmed Earnings per share increased to € 3.12 (previous year € 2.48) Preliminary business figures Q1/2023 show further sales growth Outlook 2023: Sales: € 600 - 620 million (2022: € 582 million) Group earnings (after minority interests) of € 32.0 - 34.0 million (2022: € 33.8 million) Prime Standard-liste...
GESCO SE
07 March 2023 09:05PM
GESCO SE publishes preliminary figures 2022
Excellent business year even under difficult conditions Sales rises to € 582.2 million Group net profit of € 33.8 million exceeds previous year by 26% Dividend proposal of the Management of EUR 1.00 In the financial year 2022 (1 January 2022 to 31 December 2022), GESCO SE, which is listed in the Prime Standard, met its expectations for sales, wh...
GESCO SE
07 March 2023 09:05PM
GESCO SE publishes preliminary figures 2022
Excellent business year even under difficult conditions Sales rises to € 582.2 million Group net profit of € 33.8 million exceeds previous year by 26% Dividend proposal of the Management of EUR 1.00 In the financial year 2022 (1 January 2022 to 31 December 2022), GESCO SE, which is listed in the Prime Standard, met its expectations for sales, wh...
GESCO SE
10 January 2023 07:30AM
Subsidiary SVT closes transaction
In November 2022, GESCO announced that its subsidiary SVT GmbH had concluded a purchase agreement for the steel construction division of its long-standing Hungarian supplier BAV Tatabánya Kft. based in Tatabánya. In the meantime, the transaction has been approved by the Hungarian authorities, so that the transaction has now been successfully comple...
GESCO SE
05 January 2023 10:44AM
Conversion into European Stock Corporation completed
In October 2021, the Executive Board and Supervisory Board decided to transform GESCO AG into a European Stock Corporation (Societas Europaea, or SE). The Annual General Meeting on 24 August 2022 approved the change of legal form with 99.8%. With yesterday's entry in the commercial register, the conversion of GESCO AG into GESCO SE is concluded an...
GESCO SE
14 November 2022 07:30AM
Group earnings for the first nine months already at the level of the full year 2021
24% increase in sales to € 459.3 million Group earningst increased by 74% to € 26.3 million Positive business development continued in Q3 Prime Standard-listed GESCO AG, an industrial group of medium-sized market- and technology-leading companies, informs in its 9-Month Report 2022 published today on a consistently pleasing business performance. ...
Gesco AG
14 November 2022 07:30AM
Gesco AG: Group earnings for the first nine months already at the level of the full year 2021
24% increase in sales to € 459.3 million Group earningst increased by 74% to € 26.3 million Positive business development continued in Q3 Prime Standard-listed GESCO AG, an industrial group of medium-sized market- and technology-leading companies, informs in its 9-Month Report 2022 published today on a consistently pleasing business performance. ...
Gesco AG
10 November 2022 07:30AM
Subsidiary SVT makes an acquisition
The subsidiary SVT GmbH, the world's leading manufacturer of loading technology for liquids and gases, has acquired the steel construction division of its long-standing Hungarian supplier BAV Tatabánya Kft. based in Tatabánya (approx. 60 km west of Budapest) as part of GESCO Group's M&A strategy. The acquisition is still subject to approval by ...
Gesco AG
10 November 2022 07:30AM
GESCO AG: Subsidiary SVT makes an acquisition
The subsidiary SVT GmbH, the world's leading manufacturer of loading technology for liquids and gases, has acquired the steel construction division of its long-standing Hungarian supplier BAV Tatabánya Kft. based in Tatabánya (approx. 60 km west of Budapest) as part of GESCO Group's M&A strategy. The acquisition is still subject to approval by ...
Gesco AG
17 October 2022 11:30AM
GESCO AG raises forecast 2022
Successful business year solidifies Group net earnings expected in new range of € 30.7 - 32.2 million GESCO AG, listed in the Prime Standard, is increasing its forecast for Group net earnings* in 2022. The half-year figures for 2022 confirmed the forecast for the full year 2022 published at the beginning of the year and specified that Group sales ...
Gesco AG
17 October 2022 11:30AM
GESCO AG raises forecast 2022
Successful business year solidifies Group net earnings expected in new range of € 30.7 - 32.2 million GESCO AG, listed in the Prime Standard, is increasing its forecast for Group net earnings* in 2022. The half-year figures for 2022 confirmed the forecast for the full year 2022 published at the beginning of the year and specified that Group sales ...
Gesco AG
09 September 2022 07:30AM
Subsidiaries HASEKE and W. Krömker have merged to form AMTRION
DGAP-Media / 09.09.2022 / 07:30 CET/CEST Merger of the traditional companies HASEKE GmbH from Porta Westfalica and W. Krömker GmbH from Bückeburg. Two hidden champions join forces and harness synergies The renowned traditional companies HASEKE GmbH and W. Krömker GmbH have merged to form the newly founded AMTRION GmbH in September 2022. The m...
Gesco AG
09 September 2022 07:30AM
Subsidiaries HASEKE and W. Krömker have merged to form AMTRION
DGAP-Media / 09.09.2022 / 07:30 CET/CEST Merger of the traditional companies HASEKE GmbH from Porta Westfalica and W. Krömker GmbH from Bückeburg. Two hidden champions join forces and harness synergies The renowned traditional companies HASEKE GmbH and W. Krömker GmbH have merged to form the newly founded AMTRION GmbH in September 2022. The m...
Gesco AG
24 August 2022 04:43PM
GESCO Annual General Meeting: Proposed resolutions adopted with large majority
Today's Annual General Meeting of GESCO AG complied with the proposals of the Executive Board and Supervisory Board and voted in favour of all agenda items with a large majority. A total of around 53 % of the voting share capital was represented. The Annual General Meeting discharged the members of the Executive Board and Supervisory Board and app...
Gesco AG
24 August 2022 04:43PM
Proposed resolutions adopted with large majority
Today's Annual General Meeting of GESCO AG complied with the proposals of the Executive Board and Supervisory Board and voted in favour of all agenda items with a large majority. A total of around 53 % of the voting share capital was represented. The Annual General Meeting discharged the members of the Executive Board and Supervisory Board and app...
Gesco AG
12 August 2022 07:30AM
Strong first half-year for GESCO in 2022
Pleasing order intake (+16%) and increase in sales (+28%) EBIT margin further expanded Positive effects from excellence programmes Group earnings doubled in H1/2022 Outlook 2022: Sales and Group earnings expected at the upper end of the range   GESCO AG, an industrial group of medium-sized market- and technology-leading companies listed in the...
Gesco AG
12 August 2022 07:30AM
Strong first half-year for GESCO in 2022
Pleasing order intake (+16%) and increase in sales (+28%) EBIT margin further expanded Positive effects from excellence programmes Group earnings doubled in H1/2022 Outlook 2022: Sales and Group earnings expected at the upper end of the range   GESCO AG, an industrial group of medium-sized market- and technology-leading companies listed in the...
Gesco AG
13 May 2022 07:30AM
Gesco AG: Very good first quarter in 2022
- Significant increase in order intake and sales - Positive effects from excellence programmes - Net profit more than doubled in Q1/2022 With the publication of its quarterly statement for the first quarter of 2021, GESCO AG, an industrial group of medium-sized market and technology leaders listed in the Prime Standard, confirms the preliminary fi...
Gesco AG
29 April 2022 07:30AM
GESCO announces change in the Executive Board
- Successor found for outgoing CFO Kerstin Müller-Kirchhofs - Andrea Holzbaur to become new CFO from 1 October 2022 GESCO AG, a Prime Standard listed industrial group of medium-sized market and technology leading companies, today announced the appointment of Andrea Holzbaur as successor to Chief Financial Officer Kerstin Müller-Kirchhofs, who wil...
Gesco AG
21 April 2022 07:30AM
GESCO takes stock of financial year 2021 and publishes outlook for 2022
- Preliminary business figures 2021 confirmed - Earnings per share increased to € 2.48 (previous year € 0.54) - Outlook: - Sales: € 565 - 585 million - Net profit (after minority interests) of € 28.0 - 30.5 million - Financial results press conferenceis broadcast live on the GESCO website GESCO AG, an industrial group of medium-sized market and...
Gesco AG
25 March 2022 02:52PM
GESCO AG: Record dividend proposed
- - Best Company result provides basis for record dividend - - Management proposes EUR 0.98 per share GESCO AG, listed in the Prime Standard, published its preliminary business figures on 9 March 2022 and reported consolidated net earnings of EUR 26.9 million. Against this backdrop, the Management Board and Supervisory Board today decided to pro...
Gesco AG
18 March 2022 11:00AM
GESCO unites two subsidiaries
- Hubl and S&S join forces - Leading solution provider for stainless steel plants - Broader product range meets customer requirements - New company name: INEX-solutions GESCO AG is merging two previously independent subsidiaries within a newly created holding structure. Initially, the two stainless steel specialists Sommer & Strassburger ...
Gesco AG
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